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Sunday, February 23, 2014 12:30:48 AM
Note 2 – Reverse Merger
RightSmile completed a reverse merger with BG Medical Technologies, Inc., on January 18,
2012 (the “Reverse”). RightSmile acquired 100% of the outstanding equity of BG Medical Technologies,
Inc. from its shareholders in exchange for an aggregate of 4,000,000 shares of Series A Preferred Stock and
200,000,000 shares of common stock of RightSmile. Of those amounts, the 200,000,000 shares of common
stock remain to be issued.
These following RightSmile subsidiaries were renamed concurrent with the Reverse:
• RightSmile USA, Inc. was renamed to BG Medical Global, Inc.
• RightSmile Technologies, Inc. was renamed to BG Medical Systems, Inc.
• RightSmile R & D, Inc. was renamed to BG Medical Integrations, Inc.
• RightSmile Universal, LLC was renamed to BG Medical, LLC
These subsidiaries do not have material operations at this time.
Upon closing of the Reverse, Randy Schneider, the Principal Executive Officer of RightSmile,
resigned from all operating and directorship positions with the Company, while Aaron Stanz, the CEO of
BG Medical Technologies, Inc., was elected as the new CEO and sole member of the Board of Directors of
RightSmile.
reference source
http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=94646
here is something else to take a look at to
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